Latest in Canadian companies struggling amid U.S. tariffs
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Trump announces $100 billion investment in U.S. from TSMC, calling it ‘most powerful company’ in world
Taiwan Semiconductor Manufacturing will pour $100 billion into bolstering chip manufacturing in the U.S., President Donald Trump announced Monday.NBC News - 2d -
Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs
The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s the widest deficit going back to the start of the series in 1992.MarketWatch - 8h -
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.The New York Times - Feb. 20 -
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.The New York Times - Feb. 21 -
U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans
The Consumer Sentiment Index hit its lowest reading since November 2023.Inc. - Feb. 21 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state
From Maine to Montana to New Mexico, states across the U.S. will face significant economic issues from President Donald Trump's trade war on Mexico and Canada.CNBC - Feb. 25 -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - Feb. 27 -
Breaking down Trump's meeting with U.K.'s Starmer, tariffs on U.S. allies
President Trump met with British Prime Minister Keir Starmer on Thursday to discuss ending the Russia-Ukraine war and establishing new trade deals. CBS News chief White House correspondent Nancy ...CBS News - Feb. 27 -
U.S. set to unleash tariffs on Canada, Mexico and other countries
Trump officials remain on course to hit Canada and Mexico with 25% tariffs on March 4, with a wave of other levies ready to roll.CBS News - 6d -
Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats
President Trump said he would impose potentially devastating tariffs on Tuesday, inspiring patriotism in Canada.The New York Times - 5d -
How U.S. tariffs on Mexico, Canada could impact American consumers
The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch ...CBS News - 3d -
How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada
President Trump’s plan to apply 25 percent tariffs on Canadian exports is set to start on Tuesday. They would deal a brutal blow to Canada’s economy.The New York Times - 3d -
Trump’s tariffs, whether implemented or not, have already hurt the U.S. auto industry
Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.MarketWatch - 3d -
Chinese-owned factories move to Cambodia to avoid U.S. tariffs
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden. Anna Coren reports from Cambodia.CBS News - 2d -
How Tariffs Could Raise Prices for U.S. Consumers: Avocados, Gas and More
New tariffs on goods from Canada, Mexico and China took effect Tuesday. They are likely to result in higher prices for Americans.The New York Times - 2d -
U.S. imposes new tariffs and wildfires burn in South Carolina: Morning Rundown
U.S. trade war heats up as China, Canada retaliate. Fired NOAA workers warn about ability to forecast hurricanes and tornadoes. The return of the firing squad.NBC News - 2d -
Eye Opener: Global markets react to new U.S. tariffs
Global markets react to new U.S. tariffs on imports from Mexico, Canada and China as President Trump gets ready to speak to Congress. Also, the Trump administration temporarily suspends all ...CBS News - 2d -
Trade tensions heat up as China and Canada retaliate against U.S. tariffs
China and Canada on Tuesday retaliated against newly imposed U.S. tariffs, announcing their own levies on U.S. goods that could further disrupt U.S. trade with its top three trading partners.NBC News - 2d -
Trade war escalates as U.S., Canada and China impose new tariffs
President Trump's 25% tariffs on Canadian and Mexican goods took effect overnight, prompting Canada to retaliate with its own tariffs. Meanwhile, Trump doubled tariffs on Chinese imports to 20%, ...CBS News - 2d -
Justin Trudeau delivers remarks as U.S. tariffs take effect
Watch live coverage as Canadian Prime Minister Justin Trudeau delivers remarks on the U.S. tariffs and how Canada will respond to President Trump's policy.NBC News - 2d -
Will Trump’s tariffs push the U.S. economy into recession? Many economists think so.
Tariffs will affect corporate hiring and put U.S. manufacturers operating globally in a difficult situation, economists say.MarketWatch - 2d -
Will TSMC escape tariffs with pledge for $100B in U.S. chip manufacturing plants?
It’s been a whirlwind of news on the tariff front and Taiwan has avoided tariffs for now. But the timing of a $100 billion commitment by TSMC to build chip manufacturing plants in the U.S. may have ...VentureBeat - 1d -
Rep. Byron Donalds defends Trump's tariffs on U.S. allies
President Trump's sweeping tariffs on Canada, Mexico and China went into effect Tuesday hours before his address to a joint session of Congress. Republican Rep. Byron Donalds of Florida joins CBS ...CBS News - 1d -
Trump says tariffs are to curb fentanyl, but U.S. overdose deaths are already declining
While President Donald Trump has said the tariffs are meant stop the flow of drugs across the border, experts worry it may undermine progress already underway.NBC News - 1d -
NHL commissioner says U.S.-Canada tariffs could affect league
NHL Commissioner Gary Bettman said the league could be affected by the trade tensions between the U.S. and Canada.NBC News - 1d -
NHL commissioner says league could be affected by U.S.-Canada tariffs
NHL Commissioner Gary Bettman noted players in both countries are paid in U.S. dollars.CNBC - 1d -
Trump offers one-month tariff exemption to U.S. automakers
Automakers will get a one-month reprieve from 25% tariffs on imports from Mexico and Canada.CBS News - 1d -
Trump grants U.S. automakers one-month exception from tariffs
President Trump has granted U.S. automakers a one-month reprieve from the tariffs imposed on imports from Canada and Mexico.NBC News - 1d -
Trump grants one-month tariff delay for U.S. automakers
Stocks recorded significant gains Wednesday amid a volatile trading day that largely settled after President Donald Trump granted U.S. automakers a one-month reprieve on new 25% duties imposed on ...NBC News - 1d -
Trump announces 1-month tariff exemption to U.S. automakers
The Trump administration says it is issuing a one-month exemption from tariffs on cars coming from Mexico and Canada, giving relief to the largest U.S. automakers. CBS News correspondent Natalie ...CBS News - 10h -
Ukraine and Russia mark 3 years of war amid major shift in U.S. policy
A group of European leaders and Canada's prime minister are in Kyiv to support Ukraine's president. He faces a shift in U.S. policy as President Trump moves to end the war by negotiating one-on-one ...CBS News - Feb. 24 -
Russian officials say normalization with U.S. could happen 'quickly' amid Trump-Zelenskyy rift
NBC News Correspondents Vaughn Hillyard, Keir Simmons and Courtney Kube discuss Russia's reaction to President Trump and President Zelenskyy's Oval Office clash. New York Times opinion columnist ...NBC News - 3d -
These safe haven currencies hold allure over the U.S. dollar amid Trump regime volatility, analysts say
Analysts are expecting to see shifts in currency valuations — with market watchers divided on which currencies they see as firm safe havens.CNBC - 2d -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - Feb. 24 -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - Feb. 26 -
Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.CNBC - 1d -
The Trump bump on Canadian politics
Taunts by US president galvanise governing party ahead of Sunday’s voteFinancial Times - 18h